Stats: 3,191,609 members, 7,944,813 topics. Date: Tuesday, 10 September 2024 at 05:02 AM |
Nairaland Forum / Egwuagha's Profile / Egwuagha's Posts
(1) (of 1 pages)
![]() |
Commenting on this, how can you think the stock market of Nigeria can be compared with that of LS and US ? Millionaires are never made overnight in the western world, taxes claim the better half of your income which includes your shares. You don't have to pay all that tax in Niger and you still get over a hundred percent yield in Nigeria. I remember my bank calling me up to ask me if I would like to invest some of my saved money with their investment unit, asking the interest rate I was been told 2-6% on 20,000 pounds. I laughed and told them transfer their business to Nigeria where they would get more than 50 % of their capital back in profits. Nobody known to me takes money from Nigeria to invest abroad, afterall big guys like Virgin and co target developing countries cos of lower taxes, cheaper labour etc. that they cannot get in their own countries. |
(1) (of 1 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |